You have been assigned the task of using the corporate valuation model to estimate Petry...
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You have been assigned the task of using the corporate valuation model to estimate Petry Corporation's intrinsic value. You estimate that the market value of the firm's operations is $600 million. The company has $50 million non-operating assets, $290 million of long-term debt and preferred stock, and it has 30 million shares of common stock outstanding. What is the firm's estimated intrinsic value per share of common stock? O a $43 b. $12.0 c. $20 od. $18
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